On Sunday 24 November, after thorny negotiations that gave rise to deep anger on the part of developing countries (see EUROPE B13530A4), the final agreement reached at COP29 in Baku (Azerbaijan) set out an amount of $300 billion in annual funding between now and 2035, which rich countries will have to provide to these countries vulnerable to climate change.
While the President of the European Commission, Ursula von der Leyen, welcomed the COP29 agreement, hailing on X “a new era for...